BUDGET DEFICIT
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JTI: Budget Deficit Would Go Over Target If Tobacco Industry Didn’t Pay Taxes For Two Months
Romania’s budget deficit would go over target if the representatives of the tobacco industry did not pay taxes for two months, estimated at EUR500 million, Gilda Lazar, Japan Tobacco Interna...
Central Bank Official: A 3% Budget Deficit Is Representative For Crisis Periods
A 3% budget deficit is representative for crisis periods, for "the worst times," according to the Maastricht Treaty, but, in times of economic growth, the budget deficit should be close to z...
Romania Mulls Budget Deficit Of 1.2% Of GDP In 2016 If Finding Measures To Offset Tax Code Impact
Finance Minister Eugen Teodorovici said Tuesday that the Romanian government plans to keep the budget deficit at around 1.2% of the GDP in 2016, as agreed with the international financial in...
Jiru: Not Nervous About Romania's Budget Deficit Target
Romania’s government is not worried about keeping the budget deficit within the agreed terms in the convergence program, as the results after the first quarter are very good, Finance Ministr...
EU Sees Romania’s Budget Deficit Widening to 3.5% of GDP in 2016
The European Commission expects Romania’s budget deficit to sharply deteriorate next year due to tax cuts envisioned in the new tax code draft, the EU’s executive arm said in its spring fore...
Romania Had Third Lowest Budget Deficit In EU Last Year, At 1.5% Of GDP
Romania posted last year the third lowest government deficit in the European Union, of 1.5% of GDP, after Lithuania and Latvia, according to Eurostat data released Tuesday.
Romania’s Budget Posts Minor Deficit After 11 Months
Romania’s consolidated budget turned to a deficit of 0.04% of the gross domestic product after the first 11 months, from a surplus of almost 0.3% of GDP at the end of October, Finance Minist...
Romania Agrees With IMF, EU On 2015 Budget Deficit Of 1.8% of GDP
Romania’s government reached an agreement with the International Monetary Fund and the European Commission on next year’s budget, which includes a potential increase of the estimated deficit...
IMF Asks Romania To Keep Budget Deficit Below 1% Of GDP In 2015
The International Monetary Fund and the European Commission asked the Romanian government to bring next year the budget deficit to 0.9% of the gross domestic product, but the local authoriti...